A & N (Clothing & Camping) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03127415 (England and Wales)

Unaudited Financial Statements for the Year Ended 28th February 2021

for

A & N (Clothing & Camping) Limited

Page

Company Information

1

Chartered Accountants' Report

2

Statement of Financial Position

3

Notes to the Financial Statements

5

DIRECTOR:

S Bunton

SECRETARY:

T E Bunton

REGISTERED OFFICE:

Ongar Road

Kelvedon Hatch

Brentwood

Essex

CM15 0DF

REGISTERED NUMBER:

03127415 (England and Wales)

ACCOUNTANTS:

Thickbroom Coventry Limited

Chartered Accountants

147a High Street

Waltham Cross

Hertfordshire

EN8 7AP

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Director's Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of A & N (Clothing & Camping) Limited for the year ended 28th February 2021 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of A & N (Clothing & Camping) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A & N (Clothing & Camping) Limited and state those matters that we have agreed to state to the director of A & N (Clothing & Camping) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A & N (Clothing & Camping) Limited and its director for our work or for this report.

It is your duty to ensure that A & N (Clothing & Camping) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of A & N (Clothing & Camping) Limited. You consider that A & N (Clothing & Camping) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of A & N (Clothing & Camping) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Thickbroom Coventry Limited

Chartered Accountants

147a High Street

Waltham Cross

Hertfordshire

EN8 7AP

30th November 2021

FIXED ASSETS

Tangible assets

4

1,570

1,857

CURRENT ASSETS

Stocks

45,530

46,124

Debtors

5

199,324

175,829

Cash at bank and in hand

16,347

3,580

261,201

225,533

CREDITORS

Amounts falling due within one year

6

78,390

118,347

NET CURRENT ASSETS

182,811

107,186

TOTAL ASSETS LESS CURRENT LIABILITIES

184,381

109,043

CREDITORS

Amounts falling due after more than one year

7

41,469

-

NET ASSETS

142,912

109,043

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

142,812

108,943

SHAREHOLDERS' FUNDS

142,912

109,043

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30th November 2021 and were signed by:

S Bunton - Director

1.	STATUTORY INFORMATION

A & N (Clothing & Camping) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1st March 2020

and 28th February 2021

22,026

41,185

63,211

DEPRECIATION

At 1st March 2020

21,438

39,916

61,354

Charge for year

97

190

287

At 28th February 2021

21,535

40,106

61,641

NET BOOK VALUE

At 28th February 2021

491

1,079

1,570

At 29th February 2020

588

1,269

1,857

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade debtors

-

116

Amounts owed by group undertakings

195,910

172,299

Other debtors

3,414

3,414

199,324

175,829

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Bank loans and overdrafts

3,531

-

Trade creditors

21,648

16,627

Taxation and social security

7,296

611

Other creditors

45,915

101,109

78,390

118,347

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2021

2020

£

£

Bank loans

41,469

-

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2021

2020

value:

£

£

100

Ordinary

£1

100

100

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28th February 2021 and 29th February 2020:

2021

2020

£

£

S Bunton

Balance outstanding at start of year

(70,136

)

(85,114

)

Amounts advanced

106,087

53,365

Amounts repaid

(35,951

)

(38,387

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

(70,136

)

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S Bunton.

S Bunton the director controls the company as he controls Bunton Enterprises, the holding company.